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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (2180)9/8/1998 8:47:00 PM
From: George L. Smith  Read Replies (1) | Respond to of 4509
 
Why not just take an expense of the difference between the strike price and the market price on the date of the grant. That would seem to be the true value of the option, from the existing stockholders point of view.

Repricing could be handled in the same way. The company could take an expense of the difference between original strike and new strike. This keeps everything visible.

Then again, that's just my naive simplistic approach... :-)


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